#income tax act 1961
Log in to FollowEvery article filed under the “income tax act 1961” tag — analysis, news and updates.
6,761 articlesIncome Tax

Income Tax
Addition in case of bogus purchases restricted only to the extent of profit element
Income Tax

Income Tax
Burden to establish genuineness of deposit during demonetization period lies on assessee
Income Tax

Income Tax
Rejection of books of accounts of corporate assessee cannot be done in light manner
Income Tax

Income Tax
Interest paid for loan taken to pay compensation as part of family arbitration award cannot be claimed as deduction u/s 48
Income Tax

Income Tax
Interest earned from nationalized banks not allowable as deduction u/s 80P
Income Tax

Income Tax
Reopening u/s 148 unsustainable as relevant income already reflected in return
Income Tax

Income Tax
Reopening of assessment before disposing of objections filed by assessee is unsustainable
Income Tax

Income Tax
Debt Mutual Funds: Taxation, Returns and Benefits
Income Tax

Income Tax
Expenditure for acquisition of individual club membership is not allowable
Income Tax

Income Tax
Issuance of notice & all consequential proceedings in the name of deceased assessee are null & void
Income Tax

Income Tax
Interest reimbursement received under Technology Up-gradation Fund Scheme is capital receipt
Income Tax

Income Tax
Taxation on Non-convertible debentures (NCDs)
Income Tax

Income Tax
Cost of Goods Cannot be Included in Denominator of Profit Level Indicator when comparable are Business Auxiliary Service providers
Income Tax

Income Tax
